PSC Conditionally Approves Dominion Plant

Maryland regulators have granted conditional approval to Dominion Resources to build a new power plant at its liquefied natural gas terminal in Calvert County.

Approval for the project by the Maryland Public Service Commission is dependent on Virginia-based Dominion spending $48 million on clean energy, energy efficiency and to help low-income customers with their bills.

The 130-megawatt power plant is being built solely to support Dominion's expanded gas terminal and export facility.

Regulators say they imposed the conditions because the project wouldn't provide a net benefit to Maryland residents as proposed.

Dominion did not immediately issue a statement on the regulatory approval.